$490,000
422 E Citrus Avenue Eustis, FL 32726
For Sale MLS# G5108016
5 beds 4 baths 2,841 sq ft Multi-family
Details for 422 E Citrus Avenue
MLS# G5108016
Description for 422 E Citrus Avenue, Eustis, FL, 32726
ATTENTION LANDLORDS & INVESTORS: QUAD-PLEX APARTMENT BUILDING FOR SALE IN EUSTIS, FL 32726. Located in the historic district of Eustis and just (3) Blocks from downtown. Currently delivering a 6.74% CAP Rate with Additional Revenue Potential. $47,220.00 Gross Revenue. $33,049.00 Net Operating Income. This "TURNKEY" investment opportunity is 100% Occupied and All Tenants are on Annual Leases. No "HOA". City of Eustis water & sewer. Unit Profile: Living/Dining Rooms, Full Kitchen, Full Bathroom, Primary Bedroom, Bonus/Bedroom#2, Rear Porch. (2) Dedicated Parking Spaces per unit. All units are in good operating condition! The property is located within close proximity & walking distance to Downtown Eustis & Bay Street, Lake Eustis lakefront, lots of restaurants, shops, city parks & just 5-minutes to the Lake County Mall, Target, Walmart, etc. and a variety of other conveniences for the tenants and their guests. PLEASE DO NOT ENGAGE OR DISTURB TENANTS. NO SIGN at the property and all inquiries are to be directed to the Listing Agent only. FULL FINANCIALS, PROPERTY PROFILE, RENT ROLLS, EXPENSES, FLOOR PLAN, SURVEY, ETC., ARE AVAILABLE TO QUALIFIED BUYERS.
Listing Information
Property Type: Residential, Quadruplex
Status: Active
Bedrooms: 5
Bathrooms: 4
Lot Size: 0.29 Acres
Square Feet: 2,841 sq ft
Year Built: 1884
Stories: 2 Story
Construction: Wood Frame
Subdivision: Eustis
Foundation: Crawlspace
Number Of Units Total: 4
County: Lake
School Information
Elementary: Eustis Elem
Middle: Eustis Middle
High: Eustis High School
Interior Features
Appliances: Range, Refrigerator, Range Hood, Electric Water Heater
Flooring: Carpet,Ceramic Tile,Laminate,Wood
Basement: Crawl Space
Doors/Windows: Window Treatments
Additional Interior Features: Ceiling Fan(s), Eat-In Kitchen, Main Level Primary, Upper Level Primary, Window Treatments, Attic, Built-in Features, Split Bedrooms, Walk-In Closet(s), Kitchen/Family Room Combo, Wood Cabinets
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Cable Available,Electricity Connected,High Speed Internet Available,Phone Available,Sewer Connected,Water Connected
Cooling: Ductless, Ceiling Fan(s)
Heating: Central, Electric
Exterior / Lot Features
Parking Description: Guest, Assigned
Roof: Shingle, Metal
Lot Dimensions: 55x234
Additional Exterior/Lot Features: Lighting, Screened, Front Porch, Patio, Rear Porch, Flat, Level, Near Public Transit, City Lot
Community Features
Community Features: Street Lights, Sidewalks
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 900
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1200
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 3 Units Total: 1
Unit 3 Actual Rent: 935
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 4 Units Total: 1
Unit 4 Actual Rent: 900
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Driving Directions
Driving Directions: From Hwy 441 in Eustis, head north on S. Bay Street (Hwy 19) for approximately 2 miles. Turn right onto Citrus Ave and follow down. Property will be down on the right.
Financial Considerations
Terms: Cash,Conventional,FHA,VA Loan
Tenant Pays: Electricity
Gross Income: 47220
Tax/Property ID: 11-19-26-0100-076-00401
Tax Amount: 3915
Tax Year: 2025
A broker reciprocity listing courtesy: ROCK SPRINGS REALTY, LLC
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 422 E Citrus Avenue
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 422 E Citrus Avenue
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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